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Destination XL Group

DB:DE2A
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DE2A
DB
$21M
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men’s apparel. The last earnings update was 10 days ago. More info.


Add to Portfolio Compare Print
  • Destination XL Group has significant price volatility in the past 3 months.
DE2A Share Price and Events
7 Day Returns
76.7%
DB:DE2A
8%
DE Specialty Retail
7.1%
DE Market
1 Year Returns
-86.7%
DB:DE2A
-26.2%
DE Specialty Retail
-17.5%
DE Market
DE2A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Destination XL Group (DE2A) 76.7% -58.9% -74.1% -86.7% -89% -93.6%
DE Specialty Retail 8% -28.8% -38.8% -26.2% -68.3% -70.6%
DE Market 7.1% -20% -26.1% -17.5% -25.8% -29.2%
1 Year Return vs Industry and Market
  • DE2A underperformed the Specialty Retail industry which returned -26.2% over the past year.
  • DE2A underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
DE2A
Industry
5yr Volatility vs Market
Related Companies

DE2A Value

 Is Destination XL Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Destination XL Group. This is due to cash flow or dividend data being unavailable. The share price is €0.288.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Destination XL Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Destination XL Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DE2A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2020-02-01) in USD $-0.16
NasdaqGS:DXLG Share Price ** NasdaqGS (2020-03-27) in USD $0.42
Germany Specialty Retail Industry PE Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 6.88x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Destination XL Group.

DB:DE2A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:DXLG Share Price ÷ EPS (both in USD)

= 0.42 ÷ -0.16

-2.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Destination XL Group is loss making, we can't compare its value to the DE Specialty Retail industry average.
  • Destination XL Group is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Destination XL Group's expected growth come at a high price?
Raw Data
DB:DE2A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Specialty Retail Industry PEG Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Destination XL Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Destination XL Group's assets?
Raw Data
DB:DE2A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2020-02-01) in USD $1.16
NasdaqGS:DXLG Share Price * NasdaqGS (2020-03-27) in USD $0.42
Germany Specialty Retail Industry PB Ratio Median Figure of 6 Publicly-Listed Specialty Retail Companies 0.78x
Germany Market PB Ratio Median Figure of 575 Publicly-Listed Companies 1.43x
DB:DE2A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:DXLG Share Price ÷ Book Value per Share (both in USD)

= 0.42 ÷ 1.16

0.37x

* Primary Listing of Destination XL Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Destination XL Group is good value based on assets compared to the DE Specialty Retail industry average.
X
Value checks
We assess Destination XL Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Destination XL Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DE2A Future Performance

 How is Destination XL Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.9%
Expected Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Destination XL Group expected to grow at an attractive rate?
  • Unable to compare Destination XL Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Destination XL Group's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Destination XL Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:DE2A Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
Germany Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DE2A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DE2A Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-01-31 458 -11 1
2020-03-29
DB:DE2A Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2020-02-01 474 16 -8
2019-11-02 474 3 -17
2019-08-03 474 10 -12
2019-05-04 473 5 -14
2019-02-02 474 16 -14
2018-11-03 478 24 -10
2018-08-04 475 23 -13
2018-05-05 474 30 -16
2018-02-03 468 31 -19
2017-10-28 455 32 -14
2017-07-29 453 30 -12
2017-04-29 450 35 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Destination XL Group is high growth as no earnings estimate data is available.
  • Unable to determine if Destination XL Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DE2A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Destination XL Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DE2A Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-01-31 -0.23 -0.23 -0.23 1.00
2020-03-29
DB:DE2A Past Financials Data
Date (Data in USD Millions) EPS *
2020-02-01 -0.16
2019-11-02 -0.35
2019-08-03 -0.25
2019-05-04 -0.27
2019-02-02 -0.28
2018-11-03 -0.20
2018-08-04 -0.27
2018-05-05 -0.33
2018-02-03 -0.39
2017-10-28 -0.28
2017-07-29 -0.25
2017-04-29 -0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Destination XL Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Destination XL Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Destination XL Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DE2A Past Performance

  How has Destination XL Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Destination XL Group's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Destination XL Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Destination XL Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Destination XL Group's 1-year growth to the DE Specialty Retail industry average as it is not currently profitable.
Earnings and Revenue History
Destination XL Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Destination XL Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DE2A Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2020-02-01 474.04 -7.80 180.66
2019-11-02 473.95 -17.46 183.83
2019-08-03 474.44 -12.28 182.16
2019-05-04 473.40 -13.50 182.48
2019-02-02 473.76 -13.53 183.87
2018-11-03 478.13 -9.62 190.26
2018-08-04 474.76 -13.33 191.79
2018-05-05 473.68 -15.87 193.06
2018-02-03 467.98 -18.83 193.23
2017-10-28 455.10 -13.72 181.44
2017-07-29 453.27 -12.47 180.85
2017-04-29 450.02 -8.54 178.08
2017-01-28 450.28 -2.26 173.28
2016-10-29 451.68 -5.42 178.62
2016-07-30 449.44 -6.44 179.65
2016-04-30 445.71 -7.62 180.47
2016-01-30 442.22 -8.41 180.57
2015-10-31 437.74 -5.64 179.22
2015-08-01 431.75 -6.26 176.86
2015-05-02 421.77 -8.35 174.84
2015-01-31 414.02 -11.18 174.81
2014-11-01 400.27 -68.18 165.81
2014-08-02 395.31 -66.15 166.75
2014-05-03 389.20 -64.66 164.72
2014-02-01 386.50 -60.25 169.06
2013-11-02 395.54 -0.42 165.34
2013-08-03 395.60 2.04 162.04
2013-05-04 398.06 6.62 156.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Destination XL Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Destination XL Group has efficiently used its assets last year compared to the DE Specialty Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Destination XL Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Destination XL Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Destination XL Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DE2A Health

 How is Destination XL Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Destination XL Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Destination XL Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Destination XL Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Destination XL Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Destination XL Group Company Filings, last reported 1 month ago.

DB:DE2A Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2020-02-01 58.42 54.11 4.34
2019-11-02 56.74 82.98 5.46
2019-08-03 62.42 64.24 5.49
2019-05-04 61.63 79.04 6.78
2019-02-02 58.64 56.67 4.87
2018-11-03 65.63 72.03 6.38
2018-08-04 67.19 61.16 6.22
2018-05-05 67.81 70.29 6.99
2018-02-03 69.99 59.45 5.36
2017-10-28 71.78 81.39 5.79
2017-07-29 76.73 68.32 6.55
2017-04-29 82.24 78.75 7.93
2017-01-28 88.52 63.10 5.57
2016-10-29 86.20 83.27 6.34
2016-07-30 90.26 63.57 5.76
2016-04-30 89.31 79.99 5.85
2016-01-30 88.40 68.14 5.17
2015-10-31 88.25 83.85 5.60
2015-08-01 92.83 63.92 5.80
2015-05-02 92.86 71.82 6.55
2015-01-31 92.39 52.32 4.59
2014-11-01 93.99 73.94 6.07
2014-08-02 99.44 48.31 5.57
2014-05-03 102.46 51.84 5.64
2014-02-01 104.97 25.74 4.54
2013-11-02 158.84 40.85 5.23
2013-08-03 161.73 12.34 5.15
2013-05-04 162.41 11.59 6.10
  • Destination XL Group's level of debt (92.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (57.1% vs 92.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Destination XL Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Destination XL Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -49.7% per year.
X
Financial health checks
We assess Destination XL Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Destination XL Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DE2A Dividends

 What is Destination XL Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Destination XL Group dividends.
If you bought €2,000 of Destination XL Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Destination XL Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Destination XL Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DE2A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 61 Stocks 4.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 321 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DE2A Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-01-31
2020-03-29

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Destination XL Group has not reported any payouts.
  • Unable to verify if Destination XL Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Destination XL Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Destination XL Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Destination XL Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Destination XL Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Destination XL Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DE2A Management

 What is the CEO of Destination XL Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Harvey Kanter
AGE 57
TENURE AS CEO 0.9 years
CEO Bio

Mr. Harvey S. Kanter has been President, Chief Executive Officer and Director of Destination XL Group, Inc. since April 1, 2019. Mr. Kanter served as the Chief Executive Officer and President of Blue Nile Inc. from March 30, 2012 to June 12, 2017 and its Chairman since January 1, 2014. Mr. Kanter served as President and Chief Executive Officer of Moosejaw Mountaineering and Backcountry Travel, Inc., since January 2009. From April 2003 to June 2008, he served in various executive positions at Michaels Stores,Inc. He served as Executive Vice President and Managing Director of Michaels Stores Inc., from March 2008 to May 25, 2008. He served as President of Aaron Brothers, a subsidiary of Michaels Stores Inc., from April 2003 to March 2006. Mr. Kanter served as Chief Merchant and Executive Vice President of Michaels Stores Inc., since March 15, 2006. From October 1995 to March 2003, he served various positions with Eddie Bauer, Inc., and served as Vice President and Managing Director of Eddie Bauer Home, a division of Eddie Bauer. From 2002 to 2003, he served as Managing Director of the Home and Non-Apparel divisions and from 1998 to 2002, he served as Managing Director of the Home division. As a Managing Director, he was responsible for retail, catalog and internet merchandising, sourcing, planning, allocation and design and visual presentation. Prior to Eddie Bauer, he held positions at several other retailers, including Sears Roebuck Company and Broadway Stores, Inc. (known as, Carter Hawley Hale Department Stores). He had been a Director at Potbelly Corporation from August 6, 2015 until May 16, 2019. He has been a Director of Blue Nile Inc. since March 30, 2012. He is also a brand ambassador for the Fred Hutch Cancer Research Institute and an advisory board member to the Seattle University Executive MBA Program. Mr. Kanter holds an MBA from Babson College and a B.S. in Marketing from Arizona State University.

CEO Compensation
  • Insufficient data for Harvey to compare compensation growth.
  • Insufficient data for Harvey to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Destination XL Group management team in years:

1.8
Average Tenure
50
Average Age
  • The average tenure for the Destination XL Group management team is less than 2 years, this suggests a new team.
Management Team

Peter Stratton

TITLE
Executive VP
COMPENSATION
$822K
AGE
47
TENURE
5.8 yrs

Bob Molloy

TITLE
Senior VP
COMPENSATION
$711K
AGE
59
TENURE
1.8 yrs

Harvey Kanter

TITLE
President
AGE
57
TENURE
0.9 yrs

John Cooney

TITLE
MD of Finance
AGE
36
TENURE
4.8 yrs

Erica Thompson

TITLE
Chief Marketing Officer
TENURE
0.4 yrs

Frank Chane

TITLE
Senior Vice President of Supply Chain & Customer Fulfillment
AGE
56
TENURE
8.8 yrs

Tony Gaeta

TITLE
Senior Vice President of Store Sales & Operations
AGE
50
TENURE
2.3 yrs

Allison Surette

TITLE
Senior Vice President of General Merchandise
AGE
38
TENURE
1.8 yrs

Ujjwal Dhoot

TITLE
Chief Digital Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Destination XL Group board of directors in years:

6.2
Average Tenure
63
Average Age
  • The tenure for the Destination XL Group board of directors is about average.
Board of Directors

John Kyees

TITLE
Independent Non-Executive Chairman
COMPENSATION
$153K
AGE
72
TENURE
1.2 yrs

Harvey Kanter

TITLE
President
AGE
57
TENURE
0.9 yrs

Ward Mooney

TITLE
Independent Director
COMPENSATION
$147K
AGE
70
TENURE
13.7 yrs

Mitchell Presser

TITLE
Independent Director
COMPENSATION
$136K
AGE
54
TENURE
12.8 yrs

Will Mesdag

TITLE
Independent Director
COMPENSATION
$142K
AGE
65
TENURE
6.2 yrs

Seymour Holtzman

TITLE
Director
COMPENSATION
$216K
AGE
83
TENURE
19.9 yrs

Ivy Ross

TITLE
Independent Director
COMPENSATION
$138K
AGE
63
TENURE
7.2 yrs

Jack Boyle

TITLE
Independent Director
COMPENSATION
$128K
AGE
50
TENURE
2.6 yrs

Lionel Conacher

TITLE
Independent Director
COMPENSATION
$84K
AGE
56
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Destination XL Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Jan 20 Buy Red Mountain Capital Partners LLC Company 17. Jan 20 17. Jan 20 41,700 €1.13 €47,028
17. Jan 20 Buy Red Mountain Capital Partners LLC Company 15. Jan 20 16. Jan 20 325,000 €1.07 €339,142
17. Jan 20 Buy John Kyees Individual 15. Jan 20 15. Jan 20 25,000 €1.02 €25,608
17. Jan 20 Buy Seymour Holtzman Individual 16. Jan 20 16. Jan 20 15,000 €1.07 €15,992
16. Jan 20 Buy Lionel Conacher Individual 16. Jan 20 16. Jan 20 42,016 €1.07 €44,914
16. Jan 20 Buy Jack Boyle Individual 15. Jan 20 15. Jan 20 100,000 €1.02 €102,216
15. Jan 20 Buy Francis Chane Individual 15. Jan 20 15. Jan 20 2,000 €1.01 €2,026
15. Jan 20 Buy Harvey Kanter Individual 15. Jan 20 15. Jan 20 20,000 €1.01 €20,298
15. Jan 20 Buy Peter Stratton Individual 15. Jan 20 15. Jan 20 2,000 €0.99 €1,972
15. Jan 20 Buy Anthony Gaeta Individual 15. Jan 20 15. Jan 20 9,500 €0.98 €9,282
15. Jan 20 Buy Robert Molloy Individual 15. Jan 20 15. Jan 20 4,000 €0.98 €3,908
29. Nov 19 Buy Seymour Holtzman Individual 27. Nov 19 27. Nov 19 20,000 €1.11 €22,192
27. Nov 19 Buy Seymour Holtzman Individual 26. Nov 19 26. Nov 19 20,000 €1.20 €24,011
27. Nov 19 Buy Harvey Kanter Individual 27. Nov 19 27. Nov 19 10,000 €1.16 €11,551
22. Oct 19 Buy Mitchell Presser Individual 18. Oct 19 18. Oct 19 25,000 €1.28 €31,900
26. Sep 19 Buy Seymour Holtzman Individual 24. Sep 19 24. Sep 19 307 €1.29 €396
23. Sep 19 Buy Seymour Holtzman Individual 20. Sep 19 20. Sep 19 16,271 €1.31 €21,318
20. Sep 19 Buy Seymour Holtzman Individual 19. Sep 19 19. Sep 19 12,000 €1.22 €14,659
19. Sep 19 Buy Seymour Holtzman Individual 18. Sep 19 18. Sep 19 20,000 €1.26 €25,273
19. Sep 19 Buy Brian Reaves Individual 19. Sep 19 19. Sep 19 21,735 €1.23 €26,630
19. Sep 19 Buy Harvey Kanter Individual 19. Sep 19 19. Sep 19 20,000 €1.26 €25,138
18. Sep 19 Buy Seymour Holtzman Individual 17. Sep 19 17. Sep 19 9,000 €1.28 €11,478
12. Sep 19 Buy Seymour Holtzman Individual 10. Sep 19 11. Sep 19 32,000 €1.46 €46,532
25. Jul 19 Buy Cannell Capital LLC Company 17. Jul 19 22. Jul 19 926 €1.61 €1,494
08. Jul 19 Buy Seymour Holtzman Individual 03. Jul 19 03. Jul 19 100 €1.52 €152
03. Jul 19 Buy Seymour Holtzman Individual 02. Jul 19 02. Jul 19 1,391 €1.55 €2,155
28. Jun 19 Buy Seymour Holtzman Individual 26. Jun 19 26. Jun 19 12,000 €1.49 €17,820
27. Jun 19 Buy Cannell Capital LLC Company 25. Jun 19 26. Jun 19 24,460 €1.50 €36,650
19. Jun 19 Buy Harvey Kanter Individual 18. Jun 19 18. Jun 19 10,000 €1.54 €15,444
19. Jun 19 Buy Lionel Conacher Individual 18. Jun 19 18. Jun 19 11,500 €1.55 €17,829
17. Jun 19 Buy Seymour Holtzman Individual 13. Jun 19 13. Jun 19 885 €1.43 €1,264
13. Jun 19 Buy Seymour Holtzman Individual 11. Jun 19 12. Jun 19 61,500 €1.42 €87,374
11. Jun 19 Buy Seymour Holtzman Individual 07. Jun 19 07. Jun 19 25,906 €1.41 €36,522
06. Jun 19 Buy Cannell Capital LLC Company 04. Jun 19 05. Jun 19 37,699 €1.53 €55,968
03. Jun 19 Buy Cannell Capital LLC Company 30. May 19 03. Jun 19 101,000 €1.48 €140,305
24. Apr 19 Buy Lionel Conacher Individual 22. Apr 19 22. Apr 19 22,000 €2.01 €44,167
X
Management checks
We assess Destination XL Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Destination XL Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DE2A News

Simply Wall St News

DE2A Company Info

Description

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men’s apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides sportswear and loungewear, jeanswear, sportcoats, dress shirts, neckwear, tailored-related separates, blazers, dress slacks, vintage-screen T-shirts and wovens, camp shirts, printed woven shirts, and relaxed island-inspired pants under various private labels. In addition, it is involved in the development and wholesale distribution of apparel to retailers. The company offers its products under the Destination XL, DXL, DXL Men’s Apparel, DXL outlets, Casual Male XL, Casual Male XL outlets, and Rochester Clothing brands. It operates 216 DXL retail stores, 15 DXL outlet stores, 66 Casual Male XL retail stores, 30 Casual Male XL outlet stores, and 5 Rochester Clothing stores; and www.dxl.com. The company was formerly known as Casual Male Retail Group, Inc. and changed its name to Destination XL Group, Inc. in February 2013. Destination XL Group, Inc. was founded in 1976 and is headquartered in Canton, Massachusetts.

Details
Name: Destination XL Group, Inc.
DE2A
Exchange: DB
Founded: 1976
$19,312,896
50,635,062
Website: http://www.destinationxl.com
Address: Destination XL Group, Inc.
555 Turnpike Street,
Canton,
Massachusetts, 02021,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS DXLG Common Stock Nasdaq Global Select US USD 02. Jun 1987
DB DE2A Common Stock Deutsche Boerse AG DE EUR 02. Jun 1987
Number of employees
Current staff
Staff numbers
2,353
Destination XL Group employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 23:02
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/03/19
Last earnings reported: 2020/02/01
Last annual earnings reported: 2020/02/01


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.